Here are the biggest calls on Wall Street on Friday.
Here are Wall Street's biggest calls on Friday: Wedbush reiterates Carvana as underperform Wedbush said in a note that bankruptcy is a possibility for Carvana. "Near-term bankruptcy is not out of the question, but is less likely than other near-term outcomes given the liquidity timeline and the Garcias' 47% equity ownership position and 90% equity voting rights position.
Strong price gaps, an increased focus on price, and an increasingly value-seeking consumer should lead to continued market share gains for Walmart." JPMorgan names Eli Lilly a top 2023 pick JPMorgan said Eli Lilly is "best-in-class." "BioPharma fundamentals remain healthy, but our focus is shifting to individual names following the 2022 rally." Canaccord names Yeti and Traeger top 2023 picks Canaccord says Yeti should hold up well in a recessionary environment.
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Apple announces the 2023 Apple Watch Activity Challenge, here's how to participateTo start 2023 off right, Apple has announced the first Apple Watch Activity Challenge for the year that is about to begin.
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Spotify CEO Daniel Ek Doubles Down on Apple Critiques, Calls App Store Policies ‘Harmful’On Spotify’s “For the Record” podcast, Ek said Apple is acting as both “referee and player in this game.”
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